Many people forego a mortgage broker and decide to go through the application process on their own, but a mortgage ...Continue Reading →
Home increased in October according to Case-Shiller’s 20City Home Price Index. Home prices rose from September’s annualized reading of 5.40 percent to 5.60 percent. Factors contributing to rising home prices include stronger economic conditions and outlook along with short inventories of available homes coupled with high demand. On average, October ...Continue Reading →
Last week’s economic news included readings on consumer spending, core inflation new home sales and regularly scheduled readings on mortgage rates and new jobless claims.
Consumer Spending Dips in November
Commerce Department reports on consumer spending in November indicated that consumer spending was lower in November with 0.20 percent growth as ...Continue Reading →
If you’ve recently graduated from college, or will be graduating soon, and plan to become a homeowner, you’re in a somewhat unique position. You’re about to embark on a great journey, but at the same time, you may also be taking on an awful lot of debt. That said, it ...Continue Reading →
Housing news was boosted by the National Association of Home Builders Housing Market Index, which posted its highest readings since July of 2002. In other news, the Federal Reserve’s Federal Open Market Committee voted to raise the federal funds rate and Fed Chair Janet Yellen gave a press conference. ...Continue Reading →